John Hayes
Main Page: John Hayes (Conservative - South Holland and The Deepings)Department Debates - View all John Hayes's debates with the Cabinet Office
(1 day, 9 hours ago)
Commons ChamberI am proud that Labour is investing in life sciences. I thank my hon. Friend for championing that project for over a decade. The national wealth fund is designed to co-invest, alongside private investors, and Ministers are happy to discuss those proposals with her.
Today I can announce a significant new investment by AstraZeneca, which is investing £300 million in UK life sciences, made possible by the pharmaceutical arrangement that we have struck with the United States to future-proof thousands of jobs in Macclesfield and Cambridge. That is a major vote of confidence in the UK and Labour’s plans to strengthen our economy.
The right hon. Gentleman is right to raise food security. Obviously, that is one resilience that we need and must protect in this country. We also need to move to secure independence of energy, because one thing that is making life so much harder for all those in the food sector is that their energy prices go up every time an international conflict affects the prices here. By getting energy independence, which requires infrastructure, we can protect them from that and therefore make them more resilient.